New York-based venture capital and private equity firm Insight Partners is setting up shop in Tel Aviv, Israel, marking its first office outside of the United States.
“We didn’t really approach this from the perspective of wanting to open an office somewhere,” Wardi said, calling the decision a “big deal.” “It was driven by the fact that we’ve been investing in Israel for quite a while.
With over $20 billion under management, Insight Partners is focused primarily on software investments, mainly B2B software in its different forms.
Wardi said the office would “strictly” be focused on Israel.
In August, Natasha Mascarenhas covered how F2 Capital was raising a $75 million fund to invest in Israel-based startups.